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Bullboard - Stock Discussion Forum Real Matters Inc T.REAL

Alternate Symbol(s):  RLLMF

Real Matters Inc. is a Canada-based technology company. The Company provides network management services platform for the mortgage and insurance industries. It provides residential real estate appraisal and title services to mortgage lenders in the United States of America and residential real estate appraisal and insurance inspection services in Canada. Its segments include U.S. appraisal, U.S... see more

TSX:REAL - Post Discussion

Real Matters Inc > Why the Drop if Numbers Were Good?
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Post by LowtoHigh on Nov 20, 2020 10:25am

Why the Drop if Numbers Were Good?

Not following why the drop if the numbers seem to beat estimates?
Comment by Motownwing on Nov 20, 2020 10:33am
Same here. Started following this stock a few days ago since recommendation by Motley Fool. A quick explanation for the 15% drop today would be appreciated. Thanks!
Comment by VueConnect on Nov 20, 2020 10:39am
Yes, good numbers. Good for the patient investor over the long term. Have to confess I'm on the impatient side.Especially when other sectors are doubling and tripling in share price. (eg. CIA, XBC, BUS, WELL, CTS, STC, PYR etc.) Good company ~ poor stock.
Comment by Amex2639 on Nov 20, 2020 10:56am
I guess the numbers were not good enough.  Missed consensus EPS of 0.19 and barely beat revenue.  Doesn't help that leadership shakeup was part of the earnings call.  Too much for investors to digest.
Comment by VueConnect on Nov 20, 2020 11:04am
Well, if it re-tests the $16-$18 support in the coming weeks, it will be a good time to buy back in.
Comment by fdfd12 on Nov 20, 2020 11:24am
No silly, $6 to $8 to get back in. GET REAL
Comment by VueConnect on Nov 20, 2020 11:32am
GET REAL. Got it! $6-$8. Jason should stop his daily selling by then.
Comment by fdfd12 on Nov 20, 2020 11:57am
I guess you are right!
Real Matters Inc